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Random Quote: Aye Johnny, have you ever been lost at sea? No Cap'n, but I've been blown ashore many atime!
Sounds like you blew out one of your trim ram or tilt rod seals. Depending on how bad the leak is, you could refill and bleed the system to get by for a short while. You can use the boat but could be dangerous getting caught in a situation where you need the motor tilted up.
Also, depending on what still has pressure and what doesn't, you might not be able to reverse. (Well, you can run in reverse but prop may rise up out of the water. Not much progress that way.)